Annual tax sale puts properties on the block

Three years of tax arrears saw more than a dozen Trail properties go up for auction at city hall Sept. 30.

Three years of tax arrears saw more than a dozen Trail properties go up for auction at city hall Sept. 30.

According to the local government act, municipalities can hold an annual sale of properties with taxes that have not been paid for three years, the last Monday in September.

Prior to the public auction, the city is required to post the delinquent properties in at least two issues of the local newspaper, and this year, there were 32 properties on that list.

Advertising the property address puts the owner on notice, and in Greater Trail, that usually means taxes are paid up before the end of the month.

This year 14 properties went to public auction at the tax sale, confirmed Rino Merlo, Trail’s deputy director of finance.

“The total taxes outstanding on these properties was $114,546,” said Merlo. “With an upset price of $122,534.”

The upset price refers to outstanding taxes, interest, penalties and fees, which is the minimum price the city must receive at time of sale.

Three individuals attended the 2013 tax sale, but because they did not bid on the properties, as per the local government act, the city was declared the winner, added Merlo.

The owner of the tax sale property still has a one-year redemption period to pay the upset price and reclaim their land without losing the title.

“Council may, by bylaw, extend for only one year,” explained Merlo.

“This is possible if the upset price has not been paid in full within the first year and the municipality was declared the purchaser at the tax sale auction.”

Merlo said that in this case, the property owner has upwards of two years to pay back the upset price of the parcel of land at the time of the tax sale, all costs incurred by the purchaser to maintain the property, taxes advanced by the purchaser and interest on any amount in excess of the upset price.

The total number of properties advanced to tax sale in 2012 was 12, with all but two of the properties redeemed.

Warfield and Montrose had no properties to auction, however Fruitvale had eight lots proceed to sale, which was unexpected, said Lila Cresswell, the village’s chief administrative officer.

“It has been many years since we’ve had a property go up for public auction,” said Cresswell. “Usually at the last minute the taxes get paid up. It was a surprise to have that many properties, and no one to show up for the sale.”

With no bids at the public auction, the lots, which are all on one property, were picked up by the village for the upset price of $34,385.

Just Posted

High hazard in downtown Trail

Roofing work began early Monday morning at the Trail Memorial Centre

More burning prohibitions rescinded in southeast B.C.

Category 2 and 3 fires will be permitted in Southeast Fire Centre as of 1p.m. on Wednesday.

Second hospital road part of plan, says Trail mayor

Martin was in Whistler last week for the UBCM; city delegation met with health ministry

Participation by women in West Kootenay/Boundary elections up slightly

More running than in 2014, but about same number as 2011

Syringa Creek fire ‘being held’

The fire has burned 3193 hectares; Deer Creek fire is also “being held” at 3849 hectares

B.C. RCMP turn to Const. Scarecrow to shock speeders into slowing down

New addition will watch over drivers from a Coquitlam median for first-of-its-kind pilot in Canada

B.C. home to 1/3 of Canada’s overdose deaths in first 3 months of the year

There were 1,036 overdose deaths in the first three months of the year, with 94 per cent accidental

B.C. candidate moves from hospice care to council race

He beat terminal cancer twice and entered hospice when he decided to run for council.

Canadian tobacco exec pushes back against vaping health concerns

A warning from Interior Health about the unknown health risks of vaping is getting a partial rebuke

Ministry of Agriculture commits $300,000 to help B.C. farmers obtain land

B.C. Land Matching Program supports access to affordable farmland for young farmers

Canadian air force short 275 pilots

Attrition outpaces recruitment and training claims Air Force

Teacher suspended after physically shushing, saying ‘shut up’ to student

Grade 5 student reported feeling ‘confused and a little scared’

A B.C. society helps to reforest Crown land after wildfires

Forest Enhancement Society of BC focuses on wildfire mitigation and the reforestation

Most Read